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CA Ventures’ Lincoln Park Sale Amid Lawsuits | Real Estate News
A Lincoln Park apartment complex just sold for $20 million — a small profit for CA Ventures (now Thesis Investment Group), which bought it in 2018 for $19 million. But the sale comes amid mounting legal trouble for founder Tom Scott, facing two major lawsuits from investors claiming they’re owed $1M–$10M each after promised payments vanished. Defense blames pandemic chaos and soaring interest rates — even investor Jeff Krol admits everyone got hit by the market shift. Meanwhile, CA Ventures is still locked in a bitter dispute with former partner QuadReal over an unused office lease that’s now…
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